South Kalgoorlie

POSTAL CODE: WA, 6430

HOUSE

UNIT

Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $382,500.

The upward trend in home prices in SOUTH KALGOORLIE, 6430 averaged 9.17% per annum over a 3-year period.

Average weekly rents on listings have reached the $650 mark, reflecting a 8.84% increase in returns based on the current median price in SOUTH KALGOORLIE.

An average of 11.33 real estate transactions take place per month in SOUTH KALGOORLIE which translates to 136 per annum.

136 properties were sold in SOUTH KALGOORLIE in 2016, making it the 437th most active market in WA based on total real estate transactions.

SOUTH KALGOORLIE, 6430 places 295th in Australia based on median property value growth during the quarter.

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $350,500.

Average median unit prices in WA have risen as a whole, pulling SOUTH KALGOORLIE, 6430 values up and netting property investors a capital gain of 0.14% for the past year.

Investors saw the median home price rise to $350,500.

The upward trend in home prices in SOUTH KALGOORLIE, 6430 averaged 27.68% per annum over a 3-year period.

SOUTH KALGOORLIE now ranks at the 39th place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in SOUTH KALGOORLIE are high, as opposed to average gains per annum over the past five years.

Real estate investors could earn a rental income of $480 based on current median home prices for the suburb.

It is expected for properties to spend some time on the market prior to a successful sale. In SOUTH KALGOORLIE, homes and units usually stay on listing for an average of 46.1 days.

16 properties were sold in SOUTH KALGOORLIE in 2016, making it the 123rd most active market in WA based on total real estate transactions.

You’re out of free articles for this month

Username or Email

Password Forgot password?

Keep me signed in on this device.

First Name

Last Name

Mobile

Organisation Type

By becoming a member, I agree to receive information and promotional messages from Smart Property Investment. I can opt out of these communications at any time. For more information, please visit our Privacy Statement.

Need help signing up? Visit the Help Centre.

Loading form...

Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$382,500	$350,500
Growth Report
Median Quarterly	3.38%	8.01%
Median 12 month	4.79%	0.14%
Median 3 years	27.5%	83.03%
Median 5 years	47.12%	0%
10 years average annual	3.87%	21.63%
Weekly media advert. rent	$650	$480
Time on Market	40.7 days	46.1 days
Gross Rental Yield Percent	8.84%	7.12%

Demographics (Median Values)*

Total Population 22746

Weekly Household Income 2186

Household Size 2.70

Average Age 32

Monthly Loan Repayment 1950

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

Select a category

Age group

Top 10 Birth Countries

Dwelling Structures

Education

Household Income

Labour Force

Marital Status

Occupation

Religious Affiliation

Tenure Type